The table shows closing costs for a purchase of a $229,000 house requiring a 20% down payment. Find the total amount of cash required of the buyer at closing (including down payment). The total amount of cash required at closing is $ (Simplify your answer.) ... Title insurance premium Document recording fee Loan fee (3 points) Appraisal fee Prorated property taxes Prorated insurance premium $410 $60 $400 $684 $295

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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✔️✔️✔️✅✅✅✔️✔️✔️✔️
The table shows closing costs for a purchase of a $229,000 house
requiring a 20% down payment. Find the total amount of cash required of
the buyer at closing (including down payment).
The total amount of cash required at closing is $
(Simplify your answer.)
Title insurance premium
Document recording fee
Loan fee (3 points)
Appraisal fee
Prorated property taxes
Prorated insurance premium
$410
$60
$400
$684
$295
Transcribed Image Text:The table shows closing costs for a purchase of a $229,000 house requiring a 20% down payment. Find the total amount of cash required of the buyer at closing (including down payment). The total amount of cash required at closing is $ (Simplify your answer.) Title insurance premium Document recording fee Loan fee (3 points) Appraisal fee Prorated property taxes Prorated insurance premium $410 $60 $400 $684 $295
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